Housing Wire

JANUARY 29, 2024

million existing homes were sold, according to the National Association of Realtors. High rates further exacerbated the national inventory shortage and contributed to the surge in home prices. On the bright side, new listings rose 2.2% In 2023, only 4.09 On Monday, meanwhile, 97.9% With the U.S.

Mortgage 414

Mortgage Inventory Investors New Listings 414

Housing Wire

MARCH 6, 2024

Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales , the Federal Reserve reported in its Beige Book survey of regional business contacts that was published Wednesday.

Mortgage 346

Mortgage Real Estate Inventory Construction 346

Housing Wire

SEPTEMBER 30, 2020

Realtors can usually count on their biggest season being spring, followed by summer, but nothing about 2020 has been normal, including home-buying patterns. With shut-down orders in the spring, summer became the new home-buying season, but homebuyers were still incredibly active in August. Over the last four weeks ending on Sept.

Real Estate Agent 546

Real Estate Agent Real Estate Agents Realtors 546

Housing Wire

APRIL 25, 2024

“I called the listing agent and it was listed three hours ago, but it was sold,” the Cincinnati, Ohio -based eXp Realty agent said. “We There is no way you can stay on top of things unless you hire someone to watch new listings pop up every 10 minutes. We are going to see an increase in inventory.

Buyers 374

Buyers Marketing Inventory Investors 374

Housing Wire

MARCH 1, 2024

Last year was a tough one for the Indiana real estate market. Sales from 2022 to 2023 were down 14%,” Mark Fischer, the CEO of the Indiana Realtors Association , said. “We We were up year over year in inventory , but we were at a 25 year low on new listings.” According to Altos Research, as of Feb.

Housing Market 395

Housing Market Marketing Inventory Construction 395

Housing Wire

MAY 8, 2024

Robert Reffkin is confident that Compass and its agents have what it takes to continue growing and succeeding in the changing real estate environment. “In We have brought down expenses and continue to grow our agent count and inventory advantage,” Reffkin said.

Agents 335

Agents Brokerage Real Estate Clients 335

Housing Wire

MARCH 8, 2024

Real estate agents in the leafy suburbs of Bergen County, New Jersey say the current housing market — with historically low inventory and record-high prices — is actually more challenging than the multiple offer chaos they sweated through during the pandemic. “At We are still going to suffer from lack of inventory.”

Housing Market 391

Housing Market Buyers Agents Marketing 391

Housing Wire

JANUARY 20, 2023

million, according to a report from the National Association of Realtors (NAR) released Friday. December was another difficult month for buyers, who continue to face limited inventory and high mortgage rates,” Lawrence Yun, NAR’s chief economist, said in a statement. from November to a pace of 4.02 A total of 5.03 year over year.

Inventory 338

Inventory Housing Market Realtors Buyers 338

Housing Wire

NOVEMBER 21, 2023

million, according to the N ational Association of Realtors. Prospective home buyers experienced another difficult month due to the persistent lack of housing inventory and the highest mortgage rates in a generation,” NAR Chief Economist Lawrence Yun said in a statement. On the bright side, housing inventory rose 1.8%

Inventory 377

Inventory Realtors New Listings Contracts 377

Housing Wire

AUGUST 10, 2020

Rather than a typically busy spring home-buying season , the COVID-19 pandemic pushed the bulk of home-buying this year into the summer months, and real estate agents are busier than ever. Since homebuying season was pushed back from this spring, realtor.com ’s Housing Market Recovery Index reported that August is the new May.

Agents 544

Agents Business Inventory Real Estate Agent 544

Housing Wire

MARCH 29, 2024

But like the temperatures, which are far from the triple-digit figures the residents of the Texas state capital will see in the coming months, local real estate professionals say that even though the market is warming up, it is nowhere near the frenzy at the height of the COVID-19 pandemic.

Housing Market 353

Housing Market Agents Marketing Inventory 353

Housing Wire

APRIL 18, 2024

Existing home sales fell in today’s report , which isn’t surprising, but one headline that shocked some people was that home prices are still up year over year, even with higher inventory and higher mortgage rates. Of course this isn’t the healthiest housing inventory story. from the previous year ($375,300). All four U.S.

Inventory 472

Inventory Housing Market New Listings Buyers 472

Housing Wire

SEPTEMBER 19, 2023

Meanwhile, the available inventory of unsold homes is growing. This week, inventory grew faster than it did last year at this time. This week was the biggest week of inventory increase all year, with inventory growing by over 9,000 single-family homes. It’s not unusual for a little jump in new listings in September.

Housing Market 405

Housing Market Marketing Inventory New Listings 405

Housing Wire

AUGUST 27, 2020

year over year, largely on the back of pent-up demand from buyers who were unable to strike deals during the spring, said Lawrence Yun, chief economist of the National Association of Realtors. “We Home sellers are seeing their homes go under contract in record time, with nine new contracts for every 10 new listings.”.

Contracts 477

Contracts Realtors New Listings Real Estate 477

Housing Wire

JULY 13, 2021

bidding-war rate Redfin saw in June 2020, when the housing market was starting to rebound from a temporary standstill triggered by pandemic shutdowns, said Laura Sechrist Molenda, a Redfin real estate agent based in Southern California. In 2018-2019, total housing inventory was in the range between 1.52 million and 1.92

Inventory 493

Inventory Housing Market Real Estate Agent Buyers 493

Housing Wire

JANUARY 29, 2021

drop in November , according to a report from the National Association of Realtors. ” The overall drop in pending home sales over the final quarter of 2020 can be contributed to a lack of inventory, according to Lawrence Yun, NAR’s chief economist. Real Estate Tech Demo Day. in December following a 2.6%

Contracts 529

Contracts Real Estate Housing Market Technology 529

Housing Wire

FEBRUARY 19, 2021

Lawrence Yun, chief economist for the National Association of Realtors , said last month that he expected momentum to carry over from the end of 2020. Sales easily could have been even 20% higher if there had been more inventory and more choices,” Yun said. For a well-prepared real estate brokerage, this holds a promising future.

Inventory 542

Inventory Sellers Real Estate Buyers 542

Housing Wire

JUNE 21, 2021

Currently on Realtor.com , more than 2,000 homes are currently on the market in Knoxville with an average listing price of $270,000. But like the rest of the country, low housing inventory has hit the city hard. According to the Knoxville Area Association of Realtors , the number of houses for sale in 2020 was down 47.5%

Housing Market 424

Housing Market Marketing Realtors Inventory 424

Housing Wire

SEPTEMBER 22, 2022

Today the National Association of Realtors reported that existing home sales fell once again to 4.80 Existing home sales have more legs to go lower, especially now that new listing data is falling. Total Inventory data fell in this report from 1.31 Total Inventory data fell in this report from 1.31 million to 1.28

Inventory 437

Inventory Housing Market New Listings Mortgage 437

Movoto

MARCH 8, 2024

To make the most of your homeownership journey, it’s essential that you pay close attention to the latest data, news, and concepts that are affecting real estate today. That’s why we’re introducing The Home Stretch, a monthly real estate roundup to help you make informed moves.

Real Estate 36

Real Estate Inventory New Listings Realtors 36

Listing Spark

SEPTEMBER 25, 2023

It’s been a wild ride for Texas real estate this year! Navigating Texas Real Estate with Rising Interest Rates We’re heading into Q4 of a tough year for the real estate market. Here are five of the biggest change in the Texas Real Estate market.

Real Estate 69

Real Estate Sellers New Listings Inventory 69

Housing Wire

NOVEMBER 16, 2020

But the virus has had anything but a negative impact on real estate in El Paso. According to multiple real estate agents and mortgage brokers, low interest rates and a high percentage of “essential” jobs in their town has kept the housing market and local economy strong. Thank goodness Realtors were deemed essential.”.

Housing Market 408

Housing Market Real Estate Agent Marketing Real Estate 408

Housing Wire

JULY 20, 2021

New listings are also up 4% year over year, meaning more properties are hitting the housing market for buyers to bid on. In 2018-2019, total housing market inventory was in the range between 1.52 million, and that level of inventory helped to drive real home-price growth in 2019 into negative territory briefly.

Housing Market 493

Housing Market Marketing Inventory Construction 493

Housing Wire

MAY 20, 2022

Local real estate agents, loan officers and appraisers share what characteristics are currently defining their housing markets. According to the Hilton Head Area Association of Realtors , the median home sale price jumped 15.3% I get people calling me all the time looking for inventory, but we just don’t have any,” he said.

Housing Market 364

Housing Market Marketing Real Estate Agent Real Estate 364

Housing Wire

NOVEMBER 18, 2022

“More potential homebuyers were squeezed out from qualifying for a mortgage in October as mortgage rates climbed higher,” National Association of Realtors Chief Economist Lawrence Yun said in a statement. Total housing inventory at the end of October was 1.22 Total housing inventory at the end of October was 1.22 ”

Housing Market 386

Housing Market Marketing Inventory New Listings 386

Cleveland Appraisal Blog

JANUARY 5, 2023

I’ve noticed recently that when I call real estate agents to confirm information about properties I am using in my appraisal, almost every agent answers their phone and if they don’t, even if I don’t leave a message, they call me back. Something else to watch is housing inventory. I hope you enjoy his video!

Housing Market 369

Housing Market Marketing Appraisal Inventory 369

Buys Brokers Only LLC

JUNE 10, 2022

A lack of real estate inventory and fewer new listings on the market have driven down sales of Massachusetts single-family houses and condominiums, and prices continue to rise.

Inventory 53

Inventory New Listings Real Estate Marketing 53

Listing Spark

FEBRUARY 7, 2024

As we enter into 2024, we are stepping out of one of the most turbulent years for real estate in Texas in some time. In this article, we will recap what exactly happened to the real estate market in Texas last year and discuss some predictions for the rest of this year. in 2023 Active listings jumped 13.9%

Real Estate 36

Real Estate Sellers Home Value Inventory 36

Housing Wire

JANUARY 19, 2024

Remember, with median sales prices and inventory, it’s very seasonal. Something notable about this report: Total active listings as the NAR tracks them almost broke under 1 million again. However, remember, the dive in inventory is normal at this time of the year. Below are charts with today’s report and the trend.

Housing Market 405

Housing Market Inventory Contracts Marketing 405

Housing Wire

MAY 21, 2021

million, the National Association of Realtors reported on Friday. “New listings volume got a decent bump in March and April, and more people believe it’s a good time to sell a home than at any time since the pandemic began.” ” While borrowers battle it out in the bidding trenches, unsold inventory sits at a 2.4-month

Inventory 413

Inventory Buyers New Listings Marketing 413

Will Springer Realtor

DECEMBER 19, 2023

The region’s real estate scene in 2023 will be remembered for rising home prices and scant new listings. As the year dims, all eyes fixate on 2024’s potential: a hopeful dance fueled by dreams of lower rates and a wave of new homes for sale. Buyers and sellers tiptoed through caution. a year ago.

Real Estate 68

Real Estate Buyers Sellers Inventory 68

Housing Wire

FEBRUARY 25, 2021

in January from December, according to a report from the National Association of Realtors. And inventory shortages are the culprit. But many would-be buyers have also been thwarted by comically low resale inventory, as well as supply chain constraints and escalating materials costs that have made life difficult for homebuilders.

Supply Chain 399

Supply Chain Inventory Housing Market Contracts 399

Housing Wire

OCTOBER 21, 2022

On Thursday the National Association of Realtors reported that we had a 23.8% year-over-year decline in existing home sales in September and total inventory has now fallen on back-to-back reports. Rates have gone up so fast that new listing data has declined since the end of June; this impacts supply and demand.

Housing Market 283

Housing Market Inventory New Listings Mortgage 283

Housing Wire

JULY 20, 2023

Even with mortgage rates near or above 7% for two months, we haven’t seen dramatic moves in the purchase application data or active and new listings data. The housing market has slowed and stabilized itself with higher rates, but the existing home sales market isn’t growing like the new home sales market. Inventory between 1.52-1.93

Marketing 327

Marketing Housing Market Inventory New Listings 327

Lamacchia Realty

DECEMBER 21, 2023

november 2023 south florida housing report Broward County In November of 2023, Broward County single-family homes as well as c ondos/townhomes saw decreases in closed sales and pending sales, but increases in average price and new listings. An increase in active inventory as well as new listings is great news for buyers!

New Listings 53

New Listings Real Estate Inventory Sellers 53

Empire Appraisal Group

MARCH 16, 2023

NEWS & MEDIA sorbetto / Getty Images Source: Hard Convincing Sellers Not to Overprice? Use Data | Florida Realtors Hard Convincing Sellers Not to Overprice? Use Data By Jennifer Warner Florida Realtors economist : Many sellers today plan to overprice their home, but overpricing isn’t new.

Sellers 78

Sellers Inventory Realtors Clients 78

Buys Brokers Only LLC

SEPTEMBER 22, 2022

Despite some signs of a slowing Massachusetts real estate market, it's still a tough housing market for homebuyers. Single-family and condominium sales are down, median home price growth is slowing but still up, inventory remains extremely tight, new listings are down, and interest rates have risen dramatically.

Housing Market 54

Housing Market Marketing New Listings Real Estate 54